When asked how much he would be prepared to write off, Chainrai said: "I don't know. First, find the person. You are asking me questions which are not fair. Put the person in front of me and, let's say he's serious, most definitely.

"I stepped in and lent money to the football club when no bank would lend them £1. So why am I the victim here? Why am I the culprit? Why am I being blamed? What have I done wrong?

"I am an accidental owner. I am a businessman with emotions, that's the problem."

Chainrai was asked if he had personally ever taken any money out of Portsmouth FC.

"Are you joking, or are you serious?" he replied. "Myself? Nothing. Nothing."